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Nov 21, 2012
11/12
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he was an influential member on a balanced budget and deficit issues. he did not run for reelection in 1992. several years later while speaking about his public service, he said he had no regrets about not seeking another term. >> the question is does my retiring reflect a feeling of pessimism. not necessarily, but i have served this country and a variety of ways. 4677 years, when i met my deputy. private practice, i ran for the senate. i know 25 years of my life was in public service. although i know i look 45, i am a little bit older. i decided there were some other things i wanted to do. i wanted to write. i wanted to do something as a private citizen. if there had been a two-year commitment, i would have done it. not after another six years, and i have never regretted it, and never looked back. do not misunderstand me. if you read my book, you will get it. i love my service. it meant a lot to me. it was hard to walk away from. there were other things i wanted to do. the easy thing would have been to run for reelection. >> in a few moments, defense s
he was an influential member on a balanced budget and deficit issues. he did not run for reelection in 1992. several years later while speaking about his public service, he said he had no regrets about not seeking another term. >> the question is does my retiring reflect a feeling of pessimism. not necessarily, but i have served this country and a variety of ways. 4677 years, when i met my deputy. private practice, i ran for the senate. i know 25 years of my life was in public service....
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Nov 28, 2012
11/12
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KNTV
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that's thanks to an oil and gas boon that's wiped out its budget deficit and brought unemployment to the lowest in the nation. >>> all right, coming up, a basketball roundup, and remembering the man who transformed baseball. >>> plus, new york city's iconic empire state building shows off its new high tech lighting. you're watching "early today." >>> here's a look at some of the other stories making news early today in america. a tragedy in new york last night as a commuter bus plowed into a long island home and killed a 6-year-old little boy that was inside. police say the bus had just swerved to avoid a pedestrian and then just lost control. at least 11 bus passengers and the boy's 7-year-old brother were treated for minor injuries. just horrible. >>> the empire state building added flare to the new york city skyline. alicia keys flipped the switch on the inaugural light shows which were synchronized to her songs. the new lighting system displays over 16 million colors with various effects. >>> and, finally, one texas man is using his noggin for a novel idea. hey. the 27-year-old h
that's thanks to an oil and gas boon that's wiped out its budget deficit and brought unemployment to the lowest in the nation. >>> all right, coming up, a basketball roundup, and remembering the man who transformed baseball. >>> plus, new york city's iconic empire state building shows off its new high tech lighting. you're watching "early today." >>> here's a look at some of the other stories making news early today in america. a tragedy in new york last...
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Nov 28, 2012
11/12
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CURRENT
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that's the real deficit that we need to worry about right now. for example jeffrey is part of this group. going around talking about cutting social safety net. his predecessor from the 20s and 40s owen young talked publicly about economic equality. he actually talked about how a man could not be free unless his wages were good. unless he was secure in his future and secured his retirement. it is a very different tune. >> eliot: let's make an important point. would the gold blankfein's of the world acknowledge there was some disparities, the ratio of ceo to comp that was crazy and they said we're going to pare that back. >> the compensation is out of whack. we got bailed out. we haven't been criminally prosecuted. the stock market has doubled. stock market has doubled under the obama administration. who we don't like. who we fought valiantly to try to defeat. they would have a lot more credibility if they said that. again, i made the argument that you know whatever it is, the business of the american people, you know used to be general motors. it
that's the real deficit that we need to worry about right now. for example jeffrey is part of this group. going around talking about cutting social safety net. his predecessor from the 20s and 40s owen young talked publicly about economic equality. he actually talked about how a man could not be free unless his wages were good. unless he was secure in his future and secured his retirement. it is a very different tune. >> eliot: let's make an important point. would the gold blankfein's of...
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Nov 21, 2012
11/12
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KRCB
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last month's deficit came to about $6.7 billion. exports fell by 6.5% from a year earlier. that's in yen terms. japan's exports have fallen for five months in a row. cars and steal led the drop last month. imports also fell by 1.6% from a year earlier. now, by dtination europe tumbled by 20% as the region's debt crisis continues to dampen demand. exports to china fell by over 11.5% and anti-japan sentiment dented demand for japanese goods. now let's get a check on the markets. on the tokyo foreign exchange, the dollar is gaining ground against the yen hitting the highest level in just about seven months. dollar yen is currently changing hands at 81.84 to 88 taking a look at the euro/yen, that is also at a six-month high. euro/yen 104.87 to 88. sources say many currency traders expect the bank of japan to deliver mormon tear easing because the central bank gave a cautious outlook for the japanese economy. let's get a check on stocks. japanese share prices are trading higher on the weaker yen this morning. the nikkei average currently 9,218, a gain of over 8/10 of a percent f
last month's deficit came to about $6.7 billion. exports fell by 6.5% from a year earlier. that's in yen terms. japan's exports have fallen for five months in a row. cars and steal led the drop last month. imports also fell by 1.6% from a year earlier. now, by dtination europe tumbled by 20% as the region's debt crisis continues to dampen demand. exports to china fell by over 11.5% and anti-japan sentiment dented demand for japanese goods. now let's get a check on the markets. on the tokyo...
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Nov 26, 2012
11/12
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CSPAN
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the deficit, the widest measure of trade, runs about 4% to 5% gdp now. manufacturing is about 11% of gdp. service hervey produces and exports. how the square the circle? >> thank you. with a lot of questions on the table from energy and whether we should have ambiguity on what is in the south china sea or not. indian ocean base is, human rights, and the question about borrowing from china to save china. i will start with paul. >> i will start with human- rights question first because i know it is a real strategic dilemma for nations that are engaged primarily economically with china, because there always has to be a human rights imperative. it is either the elephant in the room or is the challenge to getting into the agreements you want to be in. that the said, there are 400 or 500 million chinese living on the same per capita income as nigeria with $2 a day. that is always a real concern for the chinese and a one-party state where the military and internal security forces are also party entities. a real challenge. i want to touch on the question about o
the deficit, the widest measure of trade, runs about 4% to 5% gdp now. manufacturing is about 11% of gdp. service hervey produces and exports. how the square the circle? >> thank you. with a lot of questions on the table from energy and whether we should have ambiguity on what is in the south china sea or not. indian ocean base is, human rights, and the question about borrowing from china to save china. i will start with paul. >> i will start with human- rights question first...
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Nov 21, 2012
11/12
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CSPAN
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congress handed us $487 billion to reduce the deficit -- the defense budgets over 10 years. my approach was to say, wait a minute. we are not just going to cut across the board. we are not just going to hollow out the force as we have done in the past. every time we have come out of the war, whether it was korea, vietnam, the cold war, we cut the budget across the board, and we hollowed out the force. we are not going to repeat that mistake, so for that reason, i said to my service chiefs, chairman of the joint chiefs, we have got to sit down and develop a strategy for the future that will provide the defense force for the 21st century, not just now but in the future, and then we will build our budget around that strategy, so one, we know we are going to be smaller. that is the reality of having at of these wars, but we have to be agile. we have to be flexible, and we have to be on the cutting edge of technology. we are going to have to have force projection in the areas with the biggest problems in the pacific and the middle east. we have to have a presence elsewhere in the
congress handed us $487 billion to reduce the deficit -- the defense budgets over 10 years. my approach was to say, wait a minute. we are not just going to cut across the board. we are not just going to hollow out the force as we have done in the past. every time we have come out of the war, whether it was korea, vietnam, the cold war, we cut the budget across the board, and we hollowed out the force. we are not going to repeat that mistake, so for that reason, i said to my service chiefs,...
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Nov 29, 2012
11/12
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CSPAN
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we had a significant deficit. but the long term looked possible if we could solve the sshort-term problems. that was easier. in 1990, the parties were competitive, but they were not polarized. in those days, the bad guys were the opposition. today, they are the enemy. there is a world of difference between those two words. yes, we had some distrust. also, we had the ability to work with each other and believe each other and it made life easier at that time. there were other divisions in the congress. the party polarization today tends to make it republicans versus democrats all the way. there were other sub factions in those days. the budgeteers verses the appropriators, etc., that cut across some of those party lines. the most important difference, in my judgment, is that there was less outside pressure upon the negotiators from the radio and tv extremists, lobbyists, core constituencies, users of social media, etc. mostl they did not get 500 e-mails every minute in their office. they did not have people featurin
we had a significant deficit. but the long term looked possible if we could solve the sshort-term problems. that was easier. in 1990, the parties were competitive, but they were not polarized. in those days, the bad guys were the opposition. today, they are the enemy. there is a world of difference between those two words. yes, we had some distrust. also, we had the ability to work with each other and believe each other and it made life easier at that time. there were other divisions in the...
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Nov 27, 2012
11/12
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it has not added one penny to the deficit. for those who say there is a good reason to push it off the table and we brought another day, i would add a note of caution. small changes made today in social security will play out over the long run it to buy solvency for a long time. i think we should take social security off the table for the current fiscal cliff but be very honest about what we're going to achieve in the near term. i think we should create the equivalent of the simpson- bowles commission for social security and give them eight months to a year to come up with a planned to buy us 75 years of solvency for social security. then bring it to the floor for a vote and allow any bipartisan group who can come up with a credible plan that meets the same goal to offer their own to be voted on in the senate and house. i might add a wrinkle here that senator mark warner came up with that i think is sensible. there should be a decennial process. every 10 years, but they should measure whether or not social security still has 7
it has not added one penny to the deficit. for those who say there is a good reason to push it off the table and we brought another day, i would add a note of caution. small changes made today in social security will play out over the long run it to buy solvency for a long time. i think we should take social security off the table for the current fiscal cliff but be very honest about what we're going to achieve in the near term. i think we should create the equivalent of the simpson- bowles...
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Nov 26, 2012
11/12
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FOXNEWSW
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>>> a balanced approach to deficit reduction is the right approach. i would say that the president made clear he will not sign a bill that extends the bush era tax cuts for those making more than 250,000 dollars. >> it's time for the president to present a fan that rises above the reckless and the radical voices on the hard left that goes beyond the talking points of the campaign rail. that has a realistic chance of passing the congress. the time for campaigning is over. time for the president to lead. >> bret: some of the back-and-forth on the fiscal cliff and negotiations that are upcoming. if the white house gets its way. all tax cuts on high income earners are let go, expiring, the bush era tax cuts, this is what you are looking at. according to the treasury department it costs the federal government 9.69 billion a day to run the government. the expiration would be $8.24 billion a year on the top earners. roughly $82.4 billion a year. $824 billion in ten years. that would per year run the federal government for 8.5 days a year. that is if the tax
>>> a balanced approach to deficit reduction is the right approach. i would say that the president made clear he will not sign a bill that extends the bush era tax cuts for those making more than 250,000 dollars. >> it's time for the president to present a fan that rises above the reckless and the radical voices on the hard left that goes beyond the talking points of the campaign rail. that has a realistic chance of passing the congress. the time for campaigning is over. time for...
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Nov 28, 2012
11/12
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social security has not added one penny to the deficit. for those who say there is good reason to push it off the table and wait, i would add a note of caution. small changes made today in social security will play out over the long run to buy us solvency for a long time. we should take perhaps all the security off the table but be very honest but we will achieve in the near term. i think we should create the equivalent of eight simpson- bowles region of a simpson- bowles, and come up with a plan to buy 75 years of salt with the rigid of solvency. i might add a wrinkle here. every 10 years, a similar commission ought to be created. let's not get into this mess where we have six months to go with social security. you know how important it is for people. people are devastated by the recession and their pension plans lost. it is important to us, our kids come and grandchildren. i think we should create a commission that will report back to congress before a vote by the end of the next calendar year. i want to talk about the two toughest eleme
social security has not added one penny to the deficit. for those who say there is good reason to push it off the table and wait, i would add a note of caution. small changes made today in social security will play out over the long run to buy us solvency for a long time. we should take perhaps all the security off the table but be very honest but we will achieve in the near term. i think we should create the equivalent of eight simpson- bowles region of a simpson- bowles, and come up with a...
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Nov 28, 2012
11/12
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they're important for deficits and debt. but the real question is will people's salaries and incomes grow before they pay their taxes? host: on the republican side they argue you have to extend the tax cuts for everybody otherwise small businesses will be hurt. how did small businesses do under president clinton? guest: small businesses did well under president clinton. the dot-com boom and the peace dividend at the end of the cold war, and relatively good economic policies lifted economic growth for everyone. the fact that clinton had higher income taxes and that helped the deficit, that helped quite a bit. but it was overall economy, overwhelmed, the strength of the overall economy overwhelmed the tax policy questions of the 19 0s. host: ok. from nebraska, a democratic caller. caller: hello. are you there? host: we're listening. caller: ok. my question was on the tax increases. the tax increase for the top earners of the country, over $250,000, does this include businesses making $250,000 or is that just two individuals th
they're important for deficits and debt. but the real question is will people's salaries and incomes grow before they pay their taxes? host: on the republican side they argue you have to extend the tax cuts for everybody otherwise small businesses will be hurt. how did small businesses do under president clinton? guest: small businesses did well under president clinton. the dot-com boom and the peace dividend at the end of the cold war, and relatively good economic policies lifted economic...
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Nov 24, 2012
11/12
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FBC
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. >> well, at some point, everyons says in washington we have to do something about the deficit, and here's a good place to start.str if you need to actually bring i, revenue, the best place to do it is where it does theeast rm.hat that's on tax cuts for the wealthy. that's something that's really unassailable. now, if we were in conditions when we didn't have any deficiti issues, of course, we wouldn't have a need to raise taxes on anyone one, but we have competing priorities and have to find a way to pay for them. melissa: we have a spendingwe problem, h drunken sailors, a credit car to run forever, and we just can't. >> that also has consequences.ee as everyone knows with the looming so-called fiscal cliff discussion, if you cut too muchu you also drive the economy into an abyss so, you know, we'd all like to say we cut spending and live within our means, but it's not as simple as that.ple you can also cut spending too much so that you actually hurtrt the economy you're supposed to help. melissa: so, i agree with whath you are saying, and this is too civil. i got to derail it some
. >> well, at some point, everyons says in washington we have to do something about the deficit, and here's a good place to start.str if you need to actually bring i, revenue, the best place to do it is where it does theeast rm.hat that's on tax cuts for the wealthy. that's something that's really unassailable. now, if we were in conditions when we didn't have any deficiti issues, of course, we wouldn't have a need to raise taxes on anyone one, but we have competing priorities and have to...
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Nov 28, 2012
11/12
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FBC
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the times buys into the opinion that tax hikes will bring in enough money to plug the deficit. this is the central theme of the liberal elite. you can have all the goodies if you just tax the rich. i beg to differ. raising taxes when california is in virtual recession is not going to bring the economic growth of the state desperately need to. california has 10% unemployment. highest poverty rate in the nation and it is hemorrhaging. middle-class people and jobs. the new york times thinks tax hikes are the answer just like they think tax hikes will fix the next fiscal deficit problem. wrong for california, wrong for america. the state and the nation have a spending problem but both the state and the nation voted to keep spending spree, keep going and both voted to raise taxes. i do not share the times's rosy outlook for california or the united states and that is my take. ♪ ♪ [ enne revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winr event going onow -- but hurry, the offer ends on. stuart: john boehner said he is opti
the times buys into the opinion that tax hikes will bring in enough money to plug the deficit. this is the central theme of the liberal elite. you can have all the goodies if you just tax the rich. i beg to differ. raising taxes when california is in virtual recession is not going to bring the economic growth of the state desperately need to. california has 10% unemployment. highest poverty rate in the nation and it is hemorrhaging. middle-class people and jobs. the new york times thinks tax...
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Nov 24, 2012
11/12
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KGO
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they lost by a senseless >> you may have heard the united states postal service has money problems a deficit forcing closures and cut backs in service. abc 7 news found out, one of the local post offices on that list is a gem, a throw back to mostly to the woman who runs it. >> if you look, you might see yourself in this time lapse. relax if you can. destination is beyond the freeway, past orinda, taking a route throughout the redwoods to replace urban world does not penetrate. a community identify bid its post office. here it is. the one known for hardly ever having a line. >> so this is most of the timeq÷ it's empty? >> do you get lonely? >> no. >> this should be the last word to scribe describe here. it is in canyon, serving about is 94 residents nchl a community with no door to door deliveries... everybody picks up mail here. you know all of the names? >> yes. i do. >> all addresses? >> yes. doi. >> all family history? >> yes. yes. >> all of stuff you're not supposed to know. >> some i wish i didn't know. >> you know everything about everybody. >> i pretty much do. >> what she does not
they lost by a senseless >> you may have heard the united states postal service has money problems a deficit forcing closures and cut backs in service. abc 7 news found out, one of the local post offices on that list is a gem, a throw back to mostly to the woman who runs it. >> if you look, you might see yourself in this time lapse. relax if you can. destination is beyond the freeway, past orinda, taking a route throughout the redwoods to replace urban world does not penetrate. a...
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Nov 28, 2012
11/12
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CSPAN2
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we have a path to energy independence in america that is $200 billion deficit right now. it is the bridge to renewable energy, renewable energy will take a long time. if we can move to gas we get tremendous benefits in terms of cleaner energy on the way to renewable energy future. if we could get those things done, steve, this would be transformational for our economy but we have not been able to act on these things even though i said earlier there is wide bipartisan -- >> thank you. let me just try to poke holes in this. if we rollback time to just before the financial crisis you look at the u.s. deposition. douglas holtz-eakin was out there talking about that already. and john mccain and others have been but it is much worse today but if you look at the deck in a different way, look at private sector debt, the fact, forget government debt. before the financial crisis private-sector debt was 160% of gdp in the united states and despite averaging, back to 160% of gdp we are still in crisis mode, you had structural corruption between regulators and financial institutions a
we have a path to energy independence in america that is $200 billion deficit right now. it is the bridge to renewable energy, renewable energy will take a long time. if we can move to gas we get tremendous benefits in terms of cleaner energy on the way to renewable energy future. if we could get those things done, steve, this would be transformational for our economy but we have not been able to act on these things even though i said earlier there is wide bipartisan -- >> thank you. let...
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528
Nov 25, 2012
11/12
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KGO
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doesn't add to the deficit. but whether it comes to medicare and medicaid protect the integrity of the program but give it sol venzke for more and more years. >> let me ask you about the fallout on the u.s. consulate and u.s. ambassador susan rice. you've been critical of her and for the first time she respon d ed. take a look. >> when discussing our facilities in benghazi shgs i relied solely and squarely on the information provided to me by the intelligence community. i made clear that the information was preliminary and that our investigations would give us the definitive answer. >> and senator graham, we learned this week from the director of central intelligence agency, that references of al qaeda were taken out for security reasons not for political reasons. do you accept the explanation by ambassador rice? >> i don't believe that the best intelligence assessment on 16, september was that there was a spontaneous event in benghazi based on a video that led to a mob that became a riot. the cia station chief
doesn't add to the deficit. but whether it comes to medicare and medicaid protect the integrity of the program but give it sol venzke for more and more years. >> let me ask you about the fallout on the u.s. consulate and u.s. ambassador susan rice. you've been critical of her and for the first time she respon d ed. take a look. >> when discussing our facilities in benghazi shgs i relied solely and squarely on the information provided to me by the intelligence community. i made clear...
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61
Nov 21, 2012
11/12
by
FBC
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eye 61
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we have known we have to deal with it, it is very unlikely we will come to terms with a debt and deficit problem in a recession. we have big near-term problems and don't solve the long-term problems. gerri: 50,000 for every american taxpayer. it is pretty frightening. what would you like to hear from the president? he has made it clear it is my way or the highway. >> what he has to press s urgency to get this done and lay out a plan. he is the president of the united states. if we're going to talk about big bargains in solving the debt problem, all we have heard is the tax hikes. what arehey spending cuts would actually propose? that is something american people have to hea gerri: i want to hear about entitlement spending. please come back. have a great thanksgiving. the fiscal cliff mess is going take a bite out of your bottom line when a slew of higher taxes. those lucky enough to get a year-end bonus, now maybe the time to ask your employer to cut fat check. rich edson joins us from washington. >> the law says taxes are going up. trying to avert the full tax hike so we really don't kn
we have known we have to deal with it, it is very unlikely we will come to terms with a debt and deficit problem in a recession. we have big near-term problems and don't solve the long-term problems. gerri: 50,000 for every american taxpayer. it is pretty frightening. what would you like to hear from the president? he has made it clear it is my way or the highway. >> what he has to press s urgency to get this done and lay out a plan. he is the president of the united states. if we're...
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137
Nov 25, 2012
11/12
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CSPAN2
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at least the one technology will be a drain on the taxpayer and walk on torturing dollars deficit. ibm back ibm back thank you. i would like to know to which degree to think as the united nation but for the 21st century to political power in the hands of the green lobby. >> well, the u.n. has been very encouraging of the green lobby and the screen job issue is not an issue here in the united state. it is an issue also in europe being encouraged by the u.n., encouraged by the meeting over the summer. but europe is also finding green job aren't all they thought they would be. spain has stopped subsidies for solar power under that doesn't work in sunny spain it's not going to work anywhere. germany has also stopped at subsidies which is more understandable because there's a lot of clubs in germany, even though the economy isn't cloudy at all. the u.n. has had a strong influence on this. >> yes, sir. >> chuck bradford. you are probably not old enough to remember, the jimmy carter gave lots of money, billions of dollars to alternate energy projects. >> i do remember. >> too many of thos
at least the one technology will be a drain on the taxpayer and walk on torturing dollars deficit. ibm back ibm back thank you. i would like to know to which degree to think as the united nation but for the 21st century to political power in the hands of the green lobby. >> well, the u.n. has been very encouraging of the green lobby and the screen job issue is not an issue here in the united state. it is an issue also in europe being encouraged by the u.n., encouraged by the meeting over...
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1.2K
Nov 28, 2012
11/12
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CNNW
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a lot of the other issues surrounding deficit deduction are going to be a whole lot easier. and if we get this wrong, the economy is going to go south. it's going to be much more difficult for us to balance our budgets and deal with our deficits because if the economy's not strong, that means more money's going out and things like unemployment insurance and less money is coming in in terms of tax receipts and it just actually makes our deficit worse. so we really need to get this right. i can only do it with the help of the american people. so tweet -- what was that again? my2k or e-mail, post it on a member of congress' facebook wall. do what it takes to communicate a sense of urgency. we don't have a lot of time. we have a few weeks to get this done. we could get it done tomorrow. now, optimistically i don't think we're going to get it done tomorrow. but i tell you, if everybody here goes out of their way to make their voices heard and spread the word to your friends and family and co-workers and neighbs, i am confident that we will get it done and we will put america on t
a lot of the other issues surrounding deficit deduction are going to be a whole lot easier. and if we get this wrong, the economy is going to go south. it's going to be much more difficult for us to balance our budgets and deal with our deficits because if the economy's not strong, that means more money's going out and things like unemployment insurance and less money is coming in in terms of tax receipts and it just actually makes our deficit worse. so we really need to get this right. i can...
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137
Nov 29, 2012
11/12
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FBC
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eye 137
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in 2010 the state budget deficit was more than 40% of its general fund. 40 percent. the second highest of any state. s&p and moody's both give illinois the second worst credit rating in all of the 50 states. illinois is funded 45% of pension liability, the lowest percentage of any state. unemployment in illinois, very impressive as well. just under 10%. they had things well in hand in illinois. is it mentioned that is a haunted the president obama? anyway, the tenth highest unemployment rate in the country. for stub's illnois a death spiral state because for every hundred private-sector workers in illinois there are 103 depending upon those ivate-sector workers new york, aiming at the sixth worst death spiral state because for every 100 private-sector jobs in new york there are 107 who depend on the private sector for their -- well, their sustence. a per capita debt of nearl $6,700. $6,700 just for the state of new york. the six highest in the country. we have people worg about the fiscal cliff which is worth worrying about. some of these states have gotten a massive
in 2010 the state budget deficit was more than 40% of its general fund. 40 percent. the second highest of any state. s&p and moody's both give illinois the second worst credit rating in all of the 50 states. illinois is funded 45% of pension liability, the lowest percentage of any state. unemployment in illinois, very impressive as well. just under 10%. they had things well in hand in illinois. is it mentioned that is a haunted the president obama? anyway, the tenth highest unemployment...
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realize it was just a speed bump nothing like the film and louise fears being hyped by the so-called deficit hawks. it's one zero you ready to rumble joining me that i belong over all our francesca chambers editor and publisher of red alert politics and marc harrold libertarian tourney libertarian commentator attorney and author i've got to start start talking more slowly thank you both for joining us ok so i say let's take the plunge let's leap off the fiscal cliff francesca talk me off the edge so actually in the spirit of things giving i'm going to start with something we agree on i think that you could actually get a lot of republicans particularly those like rand paul and others to agree with you on the drone part of what you propose so i think we can all agree on that so we'll start with that all right well that's a good start mark absolutely i agree that this could be a real opportunity we do need to have a robust debate i don't agree that we just jump off the cliff i think if we think we're going off the cliff we have to take some common sense steps i don't believe what i'm saying to
realize it was just a speed bump nothing like the film and louise fears being hyped by the so-called deficit hawks. it's one zero you ready to rumble joining me that i belong over all our francesca chambers editor and publisher of red alert politics and marc harrold libertarian tourney libertarian commentator attorney and author i've got to start start talking more slowly thank you both for joining us ok so i say let's take the plunge let's leap off the fiscal cliff francesca talk me off the...
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Nov 26, 2012
11/12
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especially in gop support for a deficit deal. as negotiations continue over the fiscal cliff, we go back to august 2011. reviewing some of the debate and news conferences, the budget control act created those cuts set to take effect in january. that begins tonight at 8:00 eastern here on c-span. >> you listen to maitre bloomberg who said that the damage was unprecedented. that it may be the worst storm the city has ever faced. governor christie said the damage in new jersey was unthinkable. we had a fires. we had hurricane-force winds. we had massive of flooding. we had feet of snow. you look at that, the flooding of the subway systems, the shutdown of the stock exchange, you start to get a sense of the massive scale and scope of this storm. and yet, the networks performed. carry dozens of stories about how many consumers only wink to information was through their smartphones. linking social media and their smartphone. while there was obviously an impact, i think the networks performed really well. >> some networks did well, some
especially in gop support for a deficit deal. as negotiations continue over the fiscal cliff, we go back to august 2011. reviewing some of the debate and news conferences, the budget control act created those cuts set to take effect in january. that begins tonight at 8:00 eastern here on c-span. >> you listen to maitre bloomberg who said that the damage was unprecedented. that it may be the worst storm the city has ever faced. governor christie said the damage in new jersey was...
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Nov 23, 2012
11/12
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you can't continue to run these trillion-dollar deficits. but when you get down to the nitty-gritty about what you're actually going to cut, that's what's really hard, joe. >> if they don't fix it, it's going to be in everybody's backyard. thanks so much. >> that's right. >>> does the israel/gaza cease-fire prove that the u.s. can negotiate with what it's called a terror group? what about al qaeda? the implications next. load your, with its foot-activated lift gate. but that's not all you'll see, cause c-max also beats prius v, with better mpg. say hi to the all-new 47 combined mpg c-max hybrid. tomato, obviously. haha. there's more than that though, there's a kick to it. wahlalalalallala! smooth, but crisp. it's kind of like drinking a food that's a drink, or a drink that's a food, woooooh! [ male announcer ] taste it and describe the indescribable. could've had a v8. ...and now... you! [ giggles ] ♪ the one and only, cheerios >>> fresh clashes between protesters and riot police in cairo within the past hour. demonstrations have been goin
you can't continue to run these trillion-dollar deficits. but when you get down to the nitty-gritty about what you're actually going to cut, that's what's really hard, joe. >> if they don't fix it, it's going to be in everybody's backyard. thanks so much. >> that's right. >>> does the israel/gaza cease-fire prove that the u.s. can negotiate with what it's called a terror group? what about al qaeda? the implications next. load your, with its foot-activated lift gate. but...
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more workers and businesses make more money more tax revenue comes into the government pays down our deficit this is econ want to want so the question is why are people still opposed to the government investing in our national infrastructure let's ask austin peers of libertarian commentator and director of production of freedom or it's a dollar back thank you for having me glad to have you with us what is it about the difference between spending and investment that libertarians don't get well because nobody said. that investing roads are actually an investment you have to understand you know if you know how capitalism works if you know how that works than roads we're going tom we don't need roads and you have to understand in our advanced economy today that there is not a lot of reason not to have roads and have the capital isn't going to give us all a bit jetson that's right absolutely absolutely and if you look at pax right and if you look at north korea if you think that it's going to roads build an economy they have plenty of wide open eight lane highways but they have no commerce with w
more workers and businesses make more money more tax revenue comes into the government pays down our deficit this is econ want to want so the question is why are people still opposed to the government investing in our national infrastructure let's ask austin peers of libertarian commentator and director of production of freedom or it's a dollar back thank you for having me glad to have you with us what is it about the difference between spending and investment that libertarians don't get well...
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Nov 21, 2012
11/12
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deficits in use, low demand led growth in europe, and japan and an undervalued currency and china. i think it's time to recommit with confidence to the three elements of successful global economy. free trade, flexible exchange rates, and the free flow of capital across borders based on open investment policies. i'll give real credit to the obama administration. they been very good on investment the president obama was the first democrat in 30 years to put out an open investment statement. why? because foreign direct investment in the u.s. create jobs that are disproportionally export oriented, disproportionately manufacturing oriented, and/or 50% more likely to be unionized. this is capital we should be fighting for. i think we need to approach trade in the second obama term with that same degree of confidence going to the point that tran one may be a nothing the world is ready to engage with us. angela merkel proposed attended by free trade agreement in her speech this year. i think we should pick up on that and go for. there's a trans-pacific partnership in negotiated out in asia
deficits in use, low demand led growth in europe, and japan and an undervalued currency and china. i think it's time to recommit with confidence to the three elements of successful global economy. free trade, flexible exchange rates, and the free flow of capital across borders based on open investment policies. i'll give real credit to the obama administration. they been very good on investment the president obama was the first democrat in 30 years to put out an open investment statement. why?...
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Nov 28, 2012
11/12
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CSPAN2
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madam president, there are ways to do deficit reduction which are fair. everybody has got to understand we have cut approximately $1 trillion in benefits already. so when we talk about $4 trillion in deficit reduction, $1 trillion has already taken place. second of all, at a time when the wealthiest people are doing phenomenally well, when we have growing wealth and income in america, we have to repeal bush's tax breaks for people making $250,000 or more. that's another $1 trillion. we have got to appreciate the fact that one out of four corporations in america doesn't pay a nickel in taxes. we can bring in significant amounts of revenue through tax reform which asks corporations to start paying their fair share of taxes. we're losing $100 billion a year because corporations and the wealthy are stark their money in the cayman -- are stashing their money in the cayman islands and other havens. defense spending tripled since 1997. we're now spending almost as much as the rest of the world combined. let's take a serious look at defense spending. madam presid
madam president, there are ways to do deficit reduction which are fair. everybody has got to understand we have cut approximately $1 trillion in benefits already. so when we talk about $4 trillion in deficit reduction, $1 trillion has already taken place. second of all, at a time when the wealthiest people are doing phenomenally well, when we have growing wealth and income in america, we have to repeal bush's tax breaks for people making $250,000 or more. that's another $1 trillion. we have got...
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Nov 27, 2012
11/12
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CNBC
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i just want to see that deficit can down to something that's much more stable. at the moment, in the cliff is averted, u.s. debt could spiral up towards 90% of gdp, which would bring around some problems. we want to see as an economist the budget balance really. in terms of a split between revenues and government spending cuts, aim fairly neutral. i just want to see something done. >> something done near term and longer term. we'll also talk about the consumer outlook in a second. paul will stay with us. still to come on the show, u.p.s. will be very busy this holiday season delivering as many as 300 passengers per second as we approach christmas. the company put drivers through the paces to be ready for just about any situation. we'll go to u.p.s. boot camp next. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with
i just want to see that deficit can down to something that's much more stable. at the moment, in the cliff is averted, u.s. debt could spiral up towards 90% of gdp, which would bring around some problems. we want to see as an economist the budget balance really. in terms of a split between revenues and government spending cuts, aim fairly neutral. i just want to see something done. >> something done near term and longer term. we'll also talk about the consumer outlook in a second. paul...
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Nov 29, 2012
11/12
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it doesn't add to the deficit. in fact, it needs to be -- if any change needs to be made to it, it needs to be on the own freestanding. social security is one of the greatest programs this country has ever produced. it helps literally millions and millions of senior citizens and people on disability and people who receive survivor benefits and it's a great program and we should continue to support that program. we don't need to mess with it. when we do want to reform it, it needs to be something that will preserve benefits for people. and allows the program to continue. it's a solid program and it doesn't need to be in these budget entanglements. i hope americans really get the fact -- some people say, well, ok, you're right social security doesn't add to the deficit. let's talk about it anyway. let's talk about it for a minute anyway even though it shouldn't be considered. here's what could be said, mr. speaker, by someone who wants to defend the excellent program known as social security. they might say shouldn't
it doesn't add to the deficit. in fact, it needs to be -- if any change needs to be made to it, it needs to be on the own freestanding. social security is one of the greatest programs this country has ever produced. it helps literally millions and millions of senior citizens and people on disability and people who receive survivor benefits and it's a great program and we should continue to support that program. we don't need to mess with it. when we do want to reform it, it needs to be...
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Nov 22, 2012
11/12
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medicare, medicaid, the chief drivers of our president -- deficit. we made a lot of progress, but there is still spending we have to cut. the big bottleneck is republicans in congress on revenue and how much they're willing to come from. democrats will also have to step up and do some tough things. the notion that somehow these deficits and our debt are not a threat to our national security and economic future is something i cannot -- disagree with more strongly, as does the president. there are commentators on the left that suggest that -- we should not deal with it at all. we have to deal with it. think about the damage -- let's say we could reach an agreement. i happen to believe, i am not an economist by training, but we have been around the south to understand -- that would be a great driver for our economy. we are over performing the rest of the world right now. if we can actually -- for the business community and the american people say we have our fiscal house in order for a 20 period and will still be able to invest in education and technolo
medicare, medicaid, the chief drivers of our president -- deficit. we made a lot of progress, but there is still spending we have to cut. the big bottleneck is republicans in congress on revenue and how much they're willing to come from. democrats will also have to step up and do some tough things. the notion that somehow these deficits and our debt are not a threat to our national security and economic future is something i cannot -- disagree with more strongly, as does the president. there...
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Nov 21, 2012
11/12
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the cbo projects that under a plausible set of assumptions, the budget deficit would still be greater than 4% of gdp in 2018, assuming the economy has returned with potential by then. moreover, under the cbo projection, could deficit and raise your federal debt to gdp would subsequently returned to an upward trend. we should all understand that long-term projections of ever increasing deficits will never actually come to pass because the willingness of plunder to continue to fund the government can only be sustained by irresponsible fiscal plans and actions. host: that was ben bernanke at the economic club of new york yesterday. looking for your confidence in the u.s. economy. already getting some comments on facebook -- abroad we are taking your comments on twitter, facebook, and calls. we start with joseph from maryland on the democratic line. thanks for joining us. caller: good morning. the issue is -- there are multiple variables. it's not just the fiscal cliff. our economy is interdependent, we are dependent on europe and china and those economies are slowing down. inevitably, th
the cbo projects that under a plausible set of assumptions, the budget deficit would still be greater than 4% of gdp in 2018, assuming the economy has returned with potential by then. moreover, under the cbo projection, could deficit and raise your federal debt to gdp would subsequently returned to an upward trend. we should all understand that long-term projections of ever increasing deficits will never actually come to pass because the willingness of plunder to continue to fund the government...
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Nov 27, 2012
11/12
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he has a lot of credibility on deficit reduction. while he said medicare and medicaid changes in those programs should not be part of the first step, the democrats have to look at that down the road in order to be constructive on deficit reduction. this is a senator, liberal democrat, part of the gang of six, somebody with a lot of credibility on deficit issues. i think that opens the door a little bit. you're seeing it on the democratic side. you're seeing it a little bit on the republican side. >> both sides are going to have to open the door more than just a little bit. they're going to have to make a deal. >> because the one mandate from the public was fix things. >> fix it. and do it quick. gloria, thank you. cnn's getting exclusive new information and photographs of paula broadwell, her affair with jen david petraeus forced him to leave the cia. now her friends are coming to her defense. >>> and a 7-year-old cancer patient tries a controversial treatment. medical marijuana. our dr. sanjay gupta will report. [ male announcer ] w
he has a lot of credibility on deficit reduction. while he said medicare and medicaid changes in those programs should not be part of the first step, the democrats have to look at that down the road in order to be constructive on deficit reduction. this is a senator, liberal democrat, part of the gang of six, somebody with a lot of credibility on deficit issues. i think that opens the door a little bit. you're seeing it on the democratic side. you're seeing it a little bit on the republican...
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Nov 22, 2012
11/12
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as a clinician that these kids and families and our clinics in seeing the major education deficit on the fields today in all sports frankly, but also seeing the outcomes. some of the things that raise talking about in terms of understanding forces is really important and we just completed some work in developing measures they are using so we can understand their cognitive symptom kinds of effects of these to kids. i think that's very, very important outcome to what we need to link up with the games. from the perspective -- actually was at the aspen institute this summer, where u.s. nabobs question about, should we be eliminating football -- tackling a football before the age of 14. at that point i couldn't speak, although we did speak that night. one of the things i said as we've got to change things. in its current form of credit problem. although the age limit is something that has to be further studied here it is going to finish my comments with research, but maybe starts with research in trying to understand what evidence do we have. one of the things that is hopeful that i've se
as a clinician that these kids and families and our clinics in seeing the major education deficit on the fields today in all sports frankly, but also seeing the outcomes. some of the things that raise talking about in terms of understanding forces is really important and we just completed some work in developing measures they are using so we can understand their cognitive symptom kinds of effects of these to kids. i think that's very, very important outcome to what we need to link up with the...
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Nov 29, 2012
11/12
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senate to pass important legislation, including the grand rudman deficit law. those issues remain important today. he did not aspire to be a politician. he did not have to like one. he cared deeply. we know he cared deeply about our country and devoted himself because he had a calling to shape and preserve our country's future. he believed deeply in the rule of law and used the force of his intellect to defend it. one of the things that is most telling about warren rudman is the statement that represents what he was all about. he once said -- i consider myself an american first and a republican second, fiercely independent, and totally committed to the common good. he had the carriage of his convictions and stood for what he believed in. in bidding farewell to to the senate in 1992, he expressed gratitude for the opportunity to serve in the senate which talented colleagues. many are here today to speak about their experiences with him. he expressed his hopes for the future of the senate, saying it is a special place with special people. i hope in the coming yea
senate to pass important legislation, including the grand rudman deficit law. those issues remain important today. he did not aspire to be a politician. he did not have to like one. he cared deeply. we know he cared deeply about our country and devoted himself because he had a calling to shape and preserve our country's future. he believed deeply in the rule of law and used the force of his intellect to defend it. one of the things that is most telling about warren rudman is the statement that...
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Nov 25, 2012
11/12
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for the expiration of the bush i've era tax cuts, the obama tax cuts that help the economy, and the deficit. raising the ceiling on the debt. my feeing is they probably can go past january 1 but not far past it. and still not fall off the cliff. around january 15th. >> so now if there are to be some real groundwork laid by congress as they return after the holiday weekend, what really needs to get done, if we look at over the next six weeks, even though you say we've got past january 1, what should they try to accomplish this week? >> well, i think they need to start to spell out spending cuts. i mean, the president has made clear what he wanted in the way of additional revenue and there are a couple of different ways of getting there. now the president has to talk about the spending cuts that he is willing to accept. he needs to give republicans cover to come on board. right now, the list of republicans that are willing to come on board is very short. and he's just not going to get there with that list. he needs to talk specifically about how he's going to deal with entitlements. >> and th
for the expiration of the bush i've era tax cuts, the obama tax cuts that help the economy, and the deficit. raising the ceiling on the debt. my feeing is they probably can go past january 1 but not far past it. and still not fall off the cliff. around january 15th. >> so now if there are to be some real groundwork laid by congress as they return after the holiday weekend, what really needs to get done, if we look at over the next six weeks, even though you say we've got past january 1,...
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Nov 29, 2012
11/12
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budget deficit by over $1 billion over the next five years. . that is unpaid for as well. so again there are many ways that immigration can be looked at to reduce our budget deficit, and many concepts of comprehensive immigration reform, either through fees paid by those who violate the law, penalties paid, increased taxes going forward for those who would have to pay taxes under immigration reform, would actually reduce our deficit, but here we are with a solitary idea around immigration that forces all members of this body to weigh two valuable programs against one another. and at the same time cost taxpayers over $1 billion over the next five years. it's a choice that congress shouldn't face. there are also very legitimate concerns that not only does this bill weigh two valuable programs , but in fact it's a backdoor way to reduce the number of legal immigrants. there should be no hesitation in saying it by reducing the number of legal immigrants we will increase the number of illegal immigrants. so again this bill will likely increase the nu
budget deficit by over $1 billion over the next five years. . that is unpaid for as well. so again there are many ways that immigration can be looked at to reduce our budget deficit, and many concepts of comprehensive immigration reform, either through fees paid by those who violate the law, penalties paid, increased taxes going forward for those who would have to pay taxes under immigration reform, would actually reduce our deficit, but here we are with a solitary idea around immigration that...
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Nov 28, 2012
11/12
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. >> we know that the only way we can solve our long-term debt and deficit problem is to fix the unsustainable growth rates of our very popular entitlement programs. the president has from time to time indicated an openness to that. now is the time to actually do it. >> 42 business groups sent a letter to leaders of congress asking them to do tax reform to lower tax rates and also address entitlement reforms. >> shepard: democrats say they want more revenue, more taxes here. what about entitlement changes? >> well, any time you start talking about tweaking these programs, there are groups in washington around the country that mobilize to try and stop cuts. the number two senate democrat, dick durbin, says he'd be open to look at entitlements, but not part of the fiscal cliff talks. here is the senate majority leader's view. >> at the meeting we had that i mentioned with president and the four leaders, president obama said that social security is not part of what is what we're going to do in this. i agree with him. and there are things that i personally believe there are things that we can do w
. >> we know that the only way we can solve our long-term debt and deficit problem is to fix the unsustainable growth rates of our very popular entitlement programs. the president has from time to time indicated an openness to that. now is the time to actually do it. >> 42 business groups sent a letter to leaders of congress asking them to do tax reform to lower tax rates and also address entitlement reforms. >> shepard: democrats say they want more revenue, more taxes here....
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Nov 23, 2012
11/12
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KPIX
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mission erased a 14-0 deficit but lincoln later took the lead for good with a two-point conversion. >>> now, the play of the day of from college basketball. memphis' chris with the alley- oop to team may d.j. stephens who dunked it in but in the end, unbelievable virginia commonwealth upset number 17 memphis 78-65. >> i could watch that all day. >> good luck. >> that was a great play. >> 5:25 now. black friday shopping is going full blast and weave we have team coverage. >> look overhead. lots of shoppers full parking lots all people trying to cash in on black friday deals. coming up we'll hear what those deals are. >> reporter: in daly city retailers opened early for door buster deals but one retailer took a different approach and opened later than usual this black friday. i'll tell you who and why. tell me that i did a good job. tell me we'll always be together. ♪ tell me i've still got it. that our traditions matter. tell me you love me for who i am. that you can't wait to be home. tell me you're glad i've joined your family. even if i can't be there this year. just tell me. [ fe
mission erased a 14-0 deficit but lincoln later took the lead for good with a two-point conversion. >>> now, the play of the day of from college basketball. memphis' chris with the alley- oop to team may d.j. stephens who dunked it in but in the end, unbelievable virginia commonwealth upset number 17 memphis 78-65. >> i could watch that all day. >> good luck. >> that was a great play. >> 5:25 now. black friday shopping is going full blast and weave we have team...
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Nov 28, 2012
11/12
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we can't carry deficits in our state constitution. so you can't tell a baby to just go out and get a job. let's work together to protect these critical programs for women and children. it's time to change direction. it's time to acknowledge that elections matter, and it's time to listen to the american people. . this bus is headed over a cliff at great speed, and it's time for the people in the majority, the people in the driver's seat here in the house to take a turn and to change it. what would happen if we went into sequestration and if the middle class tax cuts expired, that would be an income of over -- an increase -- a tax of $2,000 on average against every middle-class family in america. failing to take action would slow the growth of our own real g.d.p. by 1.4 percentage points in 2013. and this continued gridlock would throw the united states back into a recession and cause the jobless rate to go up. congress is going to be stuffing, i would say, a big ugly lump of coal into the stockings of the american workers if we don't s
we can't carry deficits in our state constitution. so you can't tell a baby to just go out and get a job. let's work together to protect these critical programs for women and children. it's time to change direction. it's time to acknowledge that elections matter, and it's time to listen to the american people. . this bus is headed over a cliff at great speed, and it's time for the people in the majority, the people in the driver's seat here in the house to take a turn and to change it. what...
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Nov 26, 2012
11/12
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KTVU
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. >> congress only has 35 days to come to an agreement on deficit reduction. if they don't, automatic tax increases and spending cuts will go into effect january 1st. both parties say they are ready to compromise but still no real progress has been made. >>> 7:33. one bay area hospital demanding to be reimbursed by the los angeles dodgers for the treatment it gave to bryan stow, the giants' fan brutally beaten in l.a. brian flores is live at san francisco general hospital with more. >> reporter: hi, dave. san francisco general hospital is seeking a $1.2 million medical reimbursement from the dodgers for medical care of bryan stow. the hospital went to -- hospital went to u.s. bankruptcy court in order to seek permission for this. now, stow who continues to receive around-the-clock rehabilitation treatment, initially received brain trauma care at san francisco general for about four months after the alleged beating. stow was brutally attacked in the parking lot of dodgers' stadium while watching the game back in march of 2011. since then, the hospital and essen
. >> congress only has 35 days to come to an agreement on deficit reduction. if they don't, automatic tax increases and spending cuts will go into effect january 1st. both parties say they are ready to compromise but still no real progress has been made. >>> 7:33. one bay area hospital demanding to be reimbursed by the los angeles dodgers for the treatment it gave to bryan stow, the giants' fan brutally beaten in l.a. brian flores is live at san francisco general hospital with...
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Nov 27, 2012
11/12
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FOXNEWSW
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half the bowls simpson deficit planned and laid out own formula to save $2 trillion. it is clear republicans like his ideas which would generate $800 billion in revenue through tax reform. meanwhile so much tax reform about allowing the bush tax cuts to allow the wealthy tox expire cost $9.69 billion a day to run. estimated additional revenue from allowing the bush tax cuts to expire would generate an average of $82.4 billion a year. so the money saved would run the government for 8 and a half days, shep. >> shepard: mike emanuel live in our newsroom. warning from the white house tonight. it says americans who may do less holiday shopping this year because they are worried about possible tax hikes in january. if we do go off the cliff, the white house is predicting more serious consequences for the entire economy. a lot of details here and they are coming up inside fox report. well, just hours remain in what is expected to be the biggest online shopping day ever. the research firm core score predicts americans will spend $1.5 billion online today alone this cyber mond
half the bowls simpson deficit planned and laid out own formula to save $2 trillion. it is clear republicans like his ideas which would generate $800 billion in revenue through tax reform. meanwhile so much tax reform about allowing the bush tax cuts to allow the wealthy tox expire cost $9.69 billion a day to run. estimated additional revenue from allowing the bush tax cuts to expire would generate an average of $82.4 billion a year. so the money saved would run the government for 8 and a half...
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Nov 26, 2012
11/12
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there's still a training deficit, so they're not all fully trained. there will be, then we some attrition there at the time and will be for the equipment. so there to bring that force to full capacity. >> i think from my perspective as a generator and trainer, doug will be a better witness as to the effect on the ground. i would merely highlight that in the early days, and this is a much afghan driven, we focus on quantity filling the gaps, putting the quantity out into the field. what we have started to do not in earnest is to consolidate that, by which i mean introduce more tactical training, very specifically introduced collective command level training kicks we bring that information headquarters from the field. we put them in package at the command, which placed -- to your initial question which helps to consolidate and improve the anf ability to fill the field. but it doesn't necessary, wouldn't necessary to keep me awake at night but i think it's a very obvious a challenge. it's the next step in developing the ansf. >> sounds so perfect at ever
there's still a training deficit, so they're not all fully trained. there will be, then we some attrition there at the time and will be for the equipment. so there to bring that force to full capacity. >> i think from my perspective as a generator and trainer, doug will be a better witness as to the effect on the ground. i would merely highlight that in the early days, and this is a much afghan driven, we focus on quantity filling the gaps, putting the quantity out into the field. what we...
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Nov 28, 2012
11/12
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they didn't say al qaeda or iran or north korea, what he said was the debt and deficit. i think that is exactly right. above all, this is the future. we are not talking about a physical infrastructure, we are talking about our human infrastructure. joel klein is someone who has dedicated the most recent date of his multifaceted career to this. when he is in discovering the best restaurants in brooklyn, he is focused on improving the lot of young people in this country. mostly the other way around. some going to tell you about the time he has dedicated to this issue. about a year and a half ago, i called a condoleezza rice and i said i wanted to do something with me. and i said richard, don't even go there, and i said okay. and so i said before the end of this conversation, you are going to agree to what i'm going ask to ask you. and she said, no way. i said right. we spent a lot of time on all the traditional foreign-policy issues. we are focused on being domestic and what we want to do is report on education. we don't want a piece on everyone else has done. what we want
they didn't say al qaeda or iran or north korea, what he said was the debt and deficit. i think that is exactly right. above all, this is the future. we are not talking about a physical infrastructure, we are talking about our human infrastructure. joel klein is someone who has dedicated the most recent date of his multifaceted career to this. when he is in discovering the best restaurants in brooklyn, he is focused on improving the lot of young people in this country. mostly the other way...